Alan Shearer has suggested Newcastle may delay making any announcement over a takeover to keep down the costs of their January transfer targets.
The Magpies are currently sliding towards the relegation zone, having lost nine of their last 11 league games.
Rafael Benitez has repeatedly stressed the need for the club to strengthen their ranks next month, but their clout in the transfer market hinges on whether the proposed takeover of the club by Amanda Staveley and her PCP Partners Capital group goes through.
However, Toon legend Shearer has speculated that perhaps progress on the takeover is being kept quiet so that clubs selling to Newcastle in January do not automatically ramp up their prices.
“We’re all hoping that something happens,” he told BBC %Live last night. “Who knows, it may have already happened?”
“I’m not saying I know anything but my guess would be if something has happened they won’t want to announce it because the new owners coming in would know that going for players, they’re automatically going to go up in value under new owners.
“If Mike Ashley is here they know that he’s a businessman, he’ll work, he’ll haggle and he’ll try to get the players for a sensible price. That’s not me saying I know something, it’s just me guessing. I hope that is the case.”